Palomar CFO reports RSU vesting and tax sales
Palomar Holdings, Inc. Chief Financial Officer T Christopher Uchida reported multiple transactions involving restricted stock units (RSUs) and related common shares.
Rhea-AI Filing Summary
Palomar Holdings, Inc. Chief Financial Officer T Christopher Uchida reported multiple transactions involving restricted stock units (RSUs) and related common shares. On 01/29/2026 and 01/31/2026, RSUs vested and were converted to common stock at an exercise price of $0.00, reflecting stock-based compensation.
In connection with these vestings, the company automatically sold shares on his behalf under a mandatory sell-to-cover provision to satisfy minimum tax withholding, including sales at $122.0423, $122.0435, and $121.7443 per share. After these transactions, Uchida directly owned 14,005 shares of Palomar common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSUs) | 1,054 | $0.00 | $0.00 |
| Exercise | Common Stock (RSUs) | 1,054 | $0.00 | $0.00 |
| Sale | Common Stock (RSUs) | 545 | $121.7443 | $66K |
| Exercise | Restricted Stock Units (RSUs) | 1,408 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (RSUs) | 1,941 | $0.00 | $0.00 |
| Exercise | Common Stock (RSUs) | 1,408 | $0.00 | $0.00 |
| Sale | Common Stock (RSUs) | 511 | $122.0423 | $62K |
| Exercise | Common Stock (RSUs) | 1,941 | $0.00 | $0.00 |
| Sale | Common Stock (RSUs) | 815 | $122.0435 | $99K |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. Represents shares automatically sold by the Company on behalf of the Reporting Person pursuant to a mandatory sell-to-cover provision in the RSU award agreement required to cover minimum statutory tax withholding obligations that became due upon the RSU vesting event.
- F2. The original RSU grant was for 4,226 shares on 1/29/2024. Subject to continuing service with the Company, the restricted stock units shall vest as follows: one-third (1/3) shall vest on the first year anniversary of the date of the grant; an additional one-third (1/3) shall vest on the second year anniversary of the date of the grant; and the final one-third (1/3) shall vest on the third year anniversary of the date of grant.
- F3. The original RSU grant was for 5,823 shares on 1/29/2025. Subject to continuing service with the Company, the restricted stock units shall vest as follows: one-third (1/3) shall vest on the first year anniversary of the date of the grant; an additional one-third (1/3) shall vest on the second year anniversary of the date of the grant; and the final one-third (1/3) shall vest on the third year anniversary of the date of grant.
- F4. The original RSU grant was for 3,162 shares on 1/31/2023. Subject to continuing service with the Company, the restricted stock units shall vest as follows: one-third (1/3) shall vest on the first year anniversary of the date of the grant; an additional one-third (1/3) shall vest on the second year anniversary of the date of the grant; and the final one-third (1/3) shall vest on the third year anniversary of the date of grant.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did Palomar (PLMR) report for its CFO?
Were the Palomar (PLMR) CFO’s stock sales discretionary or for tax withholding?
What RSU grants underlie the Palomar (PLMR) CFO’s reported vesting events?
What do the M and S transaction codes mean in the Palomar (PLMR) Form 4?
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